Comments
Gold futures on MCX opened lower at Rs 31,155 per 10 grams on Monday against the previous close of Rs 31,201. It was quoted at Rs 31,095 at 1 p.m.
In Comex, the yellow metal had lost nearly $5 at $1,769 a troy ounce at 12:55 p.m.
Gold futures on MCX may continue to trade weak as the rupee is expected to gain strength against dollar. The fall in gold prices in the international markets will also weigh heavily on gold in India.
Comments
COMMENT NOW
Comments
Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.
We have migrated to a new commenting platform. If you are already a registered user of TheHindu Businessline and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.